Experian 2014 Annual Report Download - page 125

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Financial statements • Notes to the Group financial statements 121
9. Segment information
(a) IFRS 8 disclosures
(i) Income statement
Year ended 31 March 2014
Continuing operations1
North
America
US$m
Latin
America
US$m
UK and
Ireland
US$m
EMEA/
Asia
Pacific
US$m
Total
operating
segments
US$m
Central
Activities
US$m
Total
continuing
operations
US$m
Revenue from external customers
Continuing activities 2,404 925 944 499 4,772 – 4,772
Discontinuing activities – 21 – 47 68 – 68
Tot al 2,404 946 944 546 4,840 – 4,840
Reconciliation from EBIT to profit/(loss) before tax
EBIT
Continuing activities 757 344 284 7 1,392 (83) 1,309
Discontinuing activities – – – (3) (3) – (3)
Total 757 344 284 4 1,389 (83) 1,306
Net interest (note 15(b)) – – – – – (74) (74)
Benchmark PBT 757 344 284 4 1,389 (157) 1,232
Exceptional items (note 13) (27) (8) (12) (7) (54) – (54)
Amortisation and impairment of acquisition
intangibles (note 14) (50) (48) (14) (19) (131) – (131)
Impairment of goodwill (note 14) – – – (15) (15) –(15)
Acquisition expenses (9) – – (1) (10) – (10)
Financing fair value remeasurements (note 15(c)) – – – – – 27 27
Profit/(loss) before tax 671 288 258 (38) 1,179 (130) 1,049
Year ended 31 March 2013
Continuing operations1
North
America
US$m
Latin
America
US$m
UK and
Ireland
US$m
EMEA/
Asia Pacific
US$m
Total
operating
segments
US$m
Central
Activities
Re-
presented2
US$m
Total
continuing
operations
Re-
presented2
US$m
Revenue from external customers
Continuing activities 2,258 960 873 491 4,582 – 4,582
Discontinuing activities – 41 – 107 148 – 148
Total 2,258 1,001 873 598 4,730 – 4,730
Reconciliation from EBIT to profit/(loss) before tax
EBIT
Continuing activities 718 343 246 20 1,327 (83) 1,244
Discontinuing activities – 3 – 4 7 – 7
Total 718 346 246 24 1,334 (83) 1,251
Net interest (note 15(b)) – – – – – (62) (62)
Benchmark PBT 718 346 246 24 1,334 (145) 1,18 9
Exceptional items (note 13) (23) (1) (9) (33) (66) – (66)
Amortisation of acquisition intangibles (note 14) (32) (53) (21) (17) (123) – (123)
Acquisition expenses (1) (1) (1) (1) (4) – (4)
Adjustment to the fair value of contingent consideration – – – (1) (1) – (1)
Financing fair value remeasurements (note 15(c)) – – – – – (561) (561)
Profit/(loss) before tax 662 291 215 (28) 1,140 (706) 434
1. Revenue of US$nil (2013: US$147m) and a loss before tax of US$nil (2013: US$5m) arose in respect of discontinued operations (see note 17).
2. As a consequence of the adoption of IAS 19 (revised), the loss before interest and tax for Central Activities for the year ended 31 March 2013 has been increased by
US$2m and the net interest expense has been increased by US$4m.
3. Additional information by operating segment, including that on total and organic growth at constant exchange rates, is provided in the Strategic report section of the
annual report.